Investment funds are not guaranteed by the fund administrator, the portfolio manager or any insurance arrangement, nor the Fundo Garantidor de Créditos (FGC – Credit Guarantee Fund). – Past profitability is no indication of future profitability. – It is recommended that investors carefully read the investment fund rules when making their investments. – Equity funds may be exposed to a significant concentration of assets from a few issuers, with the risks resulting therefrom. – Funds that apply strategies that include derivatives as an integral part of their investment policy may result in significant losses of assets to their shareholders, depending on how such strategies are adopted.